Latino Community CU in Durham, N.C., was recently featured in the University of Virginia's Darden School of Business and Tayloe Murphy Center study, "Perdido en la Traduccion: The Opportunity in Financial Services for Latinos," as a base model of the positive effects of mainstream financial services on the unbanked.
Researchers conducted a case study of Latino Community CU for insight into how more financial institutions can earn the trust of unbanked households.
The little over $105 million credit union was selected because it is one of the fastest growing credit unions in terms of members and has demonstrated positive results with its practices targeted to unbanked and under banked households, particularly low-income Latinos.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
